Call reports 2011
CORNERSTONE BANK — 2011
What CORNERSTONE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 975,075,000 | 989,024,000 | 1,013,723,000 | 1,118,176,000 |
| Total loans | 635,834,000 | 659,336,000 | 669,001,000 | 696,778,000 |
| Allowance for loan losses | 8,711,000 | 8,788,000 | 8,348,000 | 8,733,000 |
| Securities available for sale | 82,053,000 | 84,366,000 | 108,822,000 | 128,285,000 |
| Securities held to maturity | 135,479,000 | 135,369,000 | 115,294,000 | 111,740,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 868,932,000 | 859,852,000 | 882,185,000 | 1,010,553,000 |
| Interest-bearing deposits | 711,585,000 | 721,285,000 | 724,673,000 | 789,768,000 |
| Noninterest-bearing deposits | 157,347,000 | 138,567,000 | 157,512,000 | 220,785,000 |
| Equity capital | 79,587,000 | 84,085,000 | 85,918,000 | 89,012,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 11,208,000 | 23,059,000 | 34,641,000 | 46,567,000 |
| Interest expense | 2,094,000 | 4,221,000 | 6,231,000 | 8,173,000 |
| Net interest income | 9,114,000 | 18,838,000 | 28,410,000 | 38,394,000 |
| Noninterest income | 2,872,000 | 5,833,000 | 8,820,000 | 12,173,000 |
| Noninterest expense | 7,809,000 | 15,627,000 | 23,982,000 | 31,858,000 |
| Provision for loan losses | 370,000 | 744,000 | 1,122,000 | 1,500,000 |
| Pretax income | 3,807,000 | 8,300,000 | 12,126,000 | 17,211,000 |
| Income tax | 99,000 | 199,000 | 302,000 | 417,000 |
| Net income | 3,708,000 | 8,101,000 | 11,824,000 | 16,794,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,648,000 | 77,259,000 | 79,046,000 | 81,222,000 |
| Total capital | 83,329,000 | 86,047,000 | 87,394,000 | 89,955,000 |
| Risk-weighted assets | 700,933,000 | 724,325,000 | 736,822,000 | 778,974,000 |